Investor Presentaiton
METHODOLOGY (3/3)
12-Funded balance sheet, loan/deposit ratio
The funded balance sheet is based on the Group financial statements. It is obtained in two steps:
A first step aiming at reclassifying the items of the financial statements into aggregates allowing for a more economic reading of the balance sheet. Main reclassifications:
Insurance: grouping of the accounting items related to insurance within a single aggregate in both assets and liabilities.
Customer loans: include outstanding loans with customers (net of provisions and write-downs, including net lease financing outstanding and transactions at fair value through profit
and loss); excludes financial assets reclassified under loans and receivables in accordance with the conditions stipulated by IFRS 9 (these positions have been reclassified in their
original lines).
Wholesale funding:
Includes interbank liabilities and debt securities issued.
Financing transactions have been allocated to medium/long-term resources and short-term resources based on the maturity of outstanding, more or less than one year.
Reclassification under customer deposits of the share of issues placed by French Retail Banking networks (recorded in medium/long-term financing), and certain transactions carried
out with counterparties equivalent to customer deposits (previously included in short term financing).
Deduction from customer deposits and reintegration into short-term financing of certain transactions equivalent to market resources.
A second step aiming at excluding the contribution of insurance subsidiaries, and netting into "other items” derivatives, repurchase agreements, securities borrowing/lending and
other assets and liabilities.
The Group loan/deposit ratio is determined as the division of the customer loans by customer deposits as presented in the funded balance sheet.
Note: The sum of values contained in the tables and analyses may differ slightly from the total reported due to rounding rules.
All the information on the results for the period (notably: press release, downloadable data, presentation slides and supplement) is available on Societe Generale's website www.societegenerale.com in the "Investor" section.
SOCIETE
GENERALE
1ST QUARTER 2023 RESULTS | 12 MAY 2023 64View entire presentation